by admin | Jul 6, 2010 | GIPS, Global Investment Performance Standards
Effective 1 January 2010, GIPS(R) (Global Investment Performance Standards) compliant firms are obligated to revalue their portfolios for large cash flows. A Q&A made it clear that this applies to firms that use the “aggregate method” to derive their...
by admin | Jul 1, 2010 | GIPS, Global Investment Performance Standards
I just got a question from a client. They often bundle accounts into a “household” for reporting purposes. And, it’s the household which actually reflects their strategy; that is, the individual accounts may have pieces of the strategy, but the...
by admin | Jun 24, 2010 | GIPS, Global Investment Performance Standards
We launched a new group on Linkedin: GIPS Verifiers. This group is for individuals and firms engaged in GIPS(R) (Global Investment Performance Standards) verification: to share ideas, thoughts, issues, interpretations, problems, etc. It will allow verifiers the...
by admin | Jun 24, 2010 | GIPS, Global Investment Performance Standards
An article I wrote for the CFA/CIPM newsletter was recently published on large cash flows. Recall that the Global Investment Performance Standards (GIPS(R)) now require firms to revalue portfolios for large flows. The article shows that this change may not be as...
by admin | Jun 14, 2010 | GIPS, Global Investment Performance Standards
I recently penned an article for a CFA Institute newsletter, which will appear later this week. In advance of that, I want to share some of the ideas from the article. As you are probably aware, effective 1 January 2010, GIPS(R) (Global Investment Performance...
by admin | Jun 10, 2010 | GIPS, Global Investment Performance Standards
During last week’s presentation to the CFA Society of Philadelphia on the latest changes to the Global Investment Performance Standards (GIPS(R) 2010), I expressed my dislike for GIPS Examinations. I had a lengthy conversation with representatives from one firm...
